12 Ray StKeeneTX76059
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Keene at 12 Ray St, Keene, TX, 76059 priced at $125,000 pairs $1,003/mo rent with $114/mo cash flow after a $612/mo payment. Total monthly income equals $1,003/mo, and annual cash flow comes to $1,367/yr on $41,438 invested. Return on cash invested is 23.21% in year one, and rental yield stands at 9.63% on a $125,000 basis. Equity gained on principal adds $807/yr, and 5% annual appreciation accumulates to $34,535 by year five. Five-year ROI measures 121.73% and total cumulative return in cash reaches $50,441. For financing, Ziffy Mortgage’s DSCR program evaluates $1,003/mo property income against a $612/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1982
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76059, Keene, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,820 (100%) |
| Owner Occupied HU | 874 (48.0%) |
| Renter Occupied HU | 759 (41.7%) |
| Vacant Housing Units | 187 (10.3%) |
| Median Home Value | $263,372 |
| Average Home Value | $342,305 |
Housing Distribution
Address Breakdown
Residential
1,741
Single Family
1,594
Multi-Family
147
Businesses
147
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Listed by: Christopher Lowe • Gingrich Group, LLC
Mls Name: NTREIS
Mls ID: #20800381
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.